TSE:FOOD

Goodfood Market Stock Forecast, Price & News

C$8.51

+0.11 (+1.31 %)

(As of 04/9/2021 12:00 AM ET)

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Today's Range

C$8.31

Now: C$8.51▼

C$8.63

50-Day Range

C$8.08

MA: C$9.54▼

C$11.75

52-Week Range

C$3.25

Now: C$8.51▼

C$14.72

Volume422,445 shs

Average Volume704,500 shs

Market CapitalizationC$618.12 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. The company offers ready-to-eat and breakfast meals, which include ready-to-blend smoothies and other breakfast items, prepared meals, cooked meats and sides, and salads and soups; and private-label grocery items in various categories, such as bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and kitchen essentials, as well as olive oil, juice, and chocolate cookies. It also offers Yumm, a value meal kit for cost-focused customers. The company offers its products through makegoodfood.ca and goodfoodmarket.ca domain names. As of August 31, 2020, it had approximately 280,000 active subscribers. Goodfood Market Corp. is headquartered in Saint-Laurent, Canada.

Industry, Sector and Symbol

Stock Exchange TSE

Industry Personal Services

Sub-IndustryN/A

SectorConsumer Cyclical

Current SymbolTSE:FOOD

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.makegoodfood.ca

Phone1(855) 515-5191

Employees1,800

Year FoundedN/A

Debt

Debt-to-Equity Ratio94.25

Current Ratio2.19

Quick Ratio1.98

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$320.51 million

Price / Sales1.93

Cash FlowC$1.52 per share

Price / Cash Flow5.59

Book ValueC$0.89 per share

Price / Book9.56

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares72,635,000

Market CapC$618.12 million

Next Earnings DateN/A

OptionableNot Optionable

Headlines

Goodfood Market (TSE:FOOD) PT Lowered to C$12.00 at Raymond James
April 8, 2021 | americanbankingnews.com

Goodfood Market (TSE:FOOD) Price Target Lowered to C$11.50 at Scotiabank
April 8, 2021 | americanbankingnews.com

Goodfood Market (TSE:FOOD) PT Lowered to C$15.00 at Eight Capital
April 8, 2021 | americanbankingnews.com

Former NFL athlete Chef Derrell Smith shines in new Tastemade series ‘Mad Good Food’
April 8, 2021 | msn.com

Starbucks oat milk shortage comes as plant-based food sales soar
April 7, 2021 | marketwatch.com

Creating pork from jackfruit: How this whole-plant start-up is taking on Asia's multibillion-dollar meat industry
April 7, 2021 | cnbc.com

National Bankshares Cuts Goodfood Market (TSE:FOOD) Price Target to C$13.00
April 5, 2021 | americanbankingnews.com

Stocks Gain to Begin Week
April 5, 2021 | ca.finance.yahoo.com

Higher Numbers Expected for TSX Monday
April 5, 2021 | baystreet.ca

Freak Flag Organics: A look at the Minneapolis company
April 3, 2021 | msn.com

Canaccord Genuity Cuts Goodfood Market (TSE:FOOD) Price Target to C$12.00
April 1, 2021 | americanbankingnews.com

Sneak peek: Look inside the Louisville's areas first Torchy's Tacos
March 31, 2021 | msn.com

Torchy's Tacos sets opening date for first Louisville area restaurant (PHOTOS)
March 30, 2021 | bizjournals.com

Global Shift Towards Functional Foods Could Create Massive $275 Billion Opportunity
March 30, 2021 | baystreet.ca

From Family Kitchen to the World: Plant-Based Startup Expands
March 29, 2021 | msn.com

Meet The Women Behind One Of Italy’s Most Iconic Artisanal Cookware Brands That Stands The Test Of Time
March 27, 2021 | forbes.com

New social distancing measures at Moseley Farmers' Market following overcrowding
March 26, 2021 | msn.com

The Very Good Food Company Virtually Opens The Market
March 26, 2021 | markets.businessinsider.com

Goodfood Market Corp. (TSE:FOOD) Receives Average Recommendation of "Buy" from Analysts
March 23, 2021 | americanbankingnews.com

How The Maui Cookie Lady Is Bringing The World A Much-Needed Taste Of Hawaii
March 22, 2021 | forbes.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.51 out of 5 stars

4.4 Analyst's Opinion

Consensus Rating
Goodfood Market has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$12.22, Goodfood Market has a forecasted upside of 43.6% from its current price of C$8.51.
Amount of Analyst Coverage
Goodfood Market has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.2 Community Rank

Outperform Votes
Goodfood Market has received 38 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Goodfood Market has received 22 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Goodfood Market has received 63.33% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Goodfood Market and other stocks. Vote “Outperform” if you believe FOOD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FOOD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Goodfood Market does not currently pay a dividend.
Dividend Growth
Goodfood Market does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Goodfood Market insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Goodfood Market is -327.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Goodfood Market is -327.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Goodfood Market has a P/B Ratio of 9.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$8.51

+0.11 (+1.31 %)

(As of 04/9/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Goodfood Market (TSE:FOOD) Frequently Asked Questions

Is Goodfood Market a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodfood Market in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Goodfood Market stock.
View analyst ratings for Goodfood Market or view top-rated stocks.

What stocks does MarketBeat like better than Goodfood Market?

Wall Street analysts have given Goodfood Market a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Goodfood Market wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Goodfood Market's stock price been impacted by Coronavirus (COVID-19)?

Goodfood Market's stock was trading at C$2.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FOOD stock has increased by 285.1% and is now trading at C$8.51.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for FOOD?

7 brokerages have issued 12 month price objectives for Goodfood Market's shares. Their forecasts range from C$6.00 to C$15.00. On average, they expect Goodfood Market's stock price to reach C$12.22 in the next year. This suggests a possible upside of 43.6% from the stock's current price.
View analysts' price targets for Goodfood Market or view top-rated stocks among Wall Street analysts.

Who are Goodfood Market's key executives?

Goodfood Market's management team includes the following people:

Mr. Jonathan Ferrari, Co-Founder, Chairman & CEO (Age 32, Pay $770k)
Mr. Neil Cuggy, Co-Founder, Pres, COO & Director (Age 32, Pay $770k)
Mr. Philippe St-Cyr Adam, Chief Financial Officer
Mr. Raghavendra Mocharla, Chief Technology Officer
Mr. Mohammad Awada, Exec. VP & Head of Strategic Execution
Roslane Aouameur, Director of FP&A and Investor Relations
Ms. Nadia Jubinville, VP Legal Affairs, Gen. Counsel & Corp. Sec.

Who are some of Goodfood Market's key competitors?

Some companies that are related to Goodfood Market include WW International (WW), CVS Group (CVSG), Park Lawn (PLC), CEWE Stiftung & Co. KGaA (CWC), Carriage Services (CSV), Regis (RGS), EVI Industries (EVI), Dignity (DTY), StoneMor (STON), AA (AA), Keystone Law Group (KEYS), XpresSpa Group (XSPA), Verb Technology (VERB), Dolphin Entertainment (DLPN) and MEDIROM Healthcare Technologies (MRM).
View all of FOOD's competitors.

What other stocks do shareholders of Goodfood Market own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Goodfood Market investors own include Enbridge (ENB), Lightspeed POS (LSPD), Manulife Financial (MFC), The Toronto-Dominion Bank (TD), Aphria (APHA), BCE (BCE), The Bank of Nova Scotia (BNS), Cineplex (CGX), The Walt Disney (DIS) and Methanex (MX).

What is Goodfood Market's stock symbol?

Goodfood Market trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FOOD."

How do I buy shares of Goodfood Market?

Shares of FOOD and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Goodfood Market's stock price today?

One share of FOOD stock can currently be purchased for approximately C$8.51.

How much money does Goodfood Market make?

Goodfood Market has a market capitalization of C$618.12 million and generates C$320.51 million in revenue each year.

How many employees does Goodfood Market have?

Goodfood Market employs 1,800 workers across the globe.

What is Goodfood Market's official website?

The official website for Goodfood Market is www.makegoodfood.ca.

How can I contact Goodfood Market?

The company can be reached via phone at 1(855) 515-5191.

This page was last updated on 4/10/2021 by MarketBeat.com Staff

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